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Vites you to submit your offer in sealed envelope superscribing RFQ No. & Due date for the following services in complete accordance with enquiry documents/attachments: Name of work Bid Due Date & Time Opening of Bids on Validity of Offer Upto Date of Pre Bid Conference : Two Years Item Rate Contract (IRC) for Pipeline/Mech maint works,Round the Clock Operation,Instrumentation Maint and Services for Ware House (Store) and Office for the Vizag: 13.02.2009 at 14:00 Hrs : 13.02.2009 at 15:00 Hrs.

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How to fill out the Two Years Item Rate Contract online

The Two Years Item Rate Contract is essential for vendors providing services to GAIL (India) Ltd. This guide offers comprehensive, step-by-step instructions for filling out the contract online, ensuring all necessary information is captured accurately and efficiently.

Follow the steps to complete the online contract form.

  1. Click the ‘Get Form’ button to access the Two Years Item Rate Contract and open it in the editor.
  2. Begin by filling in your vendor details, including your name, address, and vendor code as specified in the document.
  3. Input the RFQ number and the date accurately in the designated fields.
  4. Fill in the scope of work, making sure to reference the specific services you are contracted to provide.
  5. Provide the bid due date and time, noting the opening of bids for clarity.
  6. Complete the fields for earnest money and payment terms as per the special conditions of the contract.
  7. Attach required documents, ensuring all paperwork is adequately signed and notarized where necessary.
  8. Review the entire form for completeness, ensuring all required fields are filled in accordance with the instructions provided.
  9. Once satisfied with the accuracy of the information, save your changes, and proceed to download or print the completed contract.

Complete the Two Years Item Rate Contract online today for efficient service delivery to GAIL (India) Ltd.

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Lump Sum - Which means the Whole part of the Work is considered as a single unit. In this case the Contract Value is Fixed i.e also called as Fixed Price Contract. Item Rate: Which in this means all the Items that come under the Execution of a contract are classified into Items and Rates for processing the payment.

A lump sum contract in construction is one type of construction contract, sometimes referred to as stipulated-sum, where a single price is quoted for an entire project based on plans and specifications and covers the entire project and the owner knows exactly how much the work will cost in advance.

Unlike lump sum contracts, which require a well-defined scope of work, T&M contracts are often used for projects where the scope is less certain.

Lump Sum - Which means the Whole part of the Work is considered as a single unit. In this case the Contract Value is Fixed i.e also called as Fixed Price Contract. Item Rate: Which in this means all the Items that come under the Execution of a contract are classified into Items and Rates for processing the payment.

The rate contract can also be established for a year or for multiple-years. The level of the rate contract agreed depends on: The level of standardization of the input. The predictability of procurement spend.

An item-rate contract is one in which the contractor agrees to carry out the work as per the drawings, bills of quantities, and specifications in consideration of a payment to be made entirely on measurements taken as the work proceeds, and at the unit- prices tendered by the contractor in the bill.

A multi-year contract is a legal agreement for the provision of goods or services extending beyond a single year. Unlike annual contracts, multi-year agreements don't require renegotiation or renewal each year. Instead, they provide stability and continuity for an extended period, typically between 2 and 5 years.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232